Dec 6, 2012 1:00pm PST
looking at all of these programs, are they even going to reduce the deficit? if they have the combined affect of slowing down the economy, the deficit reduction doesn't take place. they have to be more pro active and they have to get aggressive. but none of these guys understand economics. you are talking about a bunch of lawyers. you are talking about a bunch of people that study political science. you don't have anybody in congress that understands economic and they are following poor economic history and applying the same medicine. >> i am only one man. i can't save the world. this super hero is looking at me. again drawing exactly to scale. this just in, an urgent bull law -- bulletin coming in. i am getting results as i speak. you don't think i could perform heroic feats? right this second news from the united states senate that they are moving right now. right now. let me quote -- okay it is not on the stuff i just talked about. apparently harry reid is trying to move heaven and earth for a waiver to allow food in the congressional auditorium. let may get this straight.
Dec 3, 2012 1:00pm PST
drivers of the deficit and raising more out of the revenue, out of the tax system. whether you call iterates or reform over whatever you call it, and each those touches the third rail of the parties, we have to get together and say, basically, we have to do something right for the country. if we had a bipartisan, avoid the fiscal cliff and pay down the debt type of agreement it would be the best thing that could happen. the market would go up and we would be liking like our future was brighter than a lot of americans think it is today. >>neil: are you smoking anything at all? >>guest: drinking a little coffee. >>neil: quickly, senator, i know you have to go the congressional black caucus has come out with a statement saying, really, leave entitlements alone and focus on hiking taxes. that is the gist of the statement. what do you think of that? >>guest: it does not do it. hiring some people -- higher income people pay a disproportional share of the taxes. and they should. but if you bring the rates back to the rate before president bush it doesnot raise enough to get us to ball. you
Nov 29, 2012 1:00pm PST
understand last time. the spending deductions have not reduced our deficit. we still have, the president still has $1 trillion plus deficit if this next fiscal year. he had it for the past four and he has it for the next four if he follows the same course. that is not a road to prosperity or job creation. or economic vitality. >>neil: i want to be clear, congressman. republicans do not appear to be on the same page on this, as republicans, are you saying your view, hiking the rates or adjusting in any way is felt universally by your colleagues? we know a couple of them have bolted from that but you are going to hold in lock step on that position? >>guest: there is a universality in our conference with 240 of us in the house of representatives so there are 240 different opinions but by and large the majority of us firmly believe raising tax rates is counterproductive and doesn't solve the problem. >>neil: always a pleasure, sir, thank you. take the money and run? not quite but quite a run of companies hiking dividends. and disney is the latest and it will probably not be the las
Dec 4, 2012 1:00pm PST
to the deficit. >>neil: show me an entitlement you would top. we are not talking about taking food away from the elderly, is there anything you would touch beyond taxing rich people? >>guest: we have to take a serious look at medicare. >>neil: your organization seems to put out, don't touch that, not now, not part of this deal. >>guest: what we saying, we can generate $950 billion of the $1.2 trillion we need over 10 years without eliminating or reducing benefits with medicare. i am also saying if we are looking for additional cuts and we need to do more everyone must be open. >>neil: but you are not open to the thing you said. you were one of the best speechers at the democratic convention but the speech ain't flying. it is implying it is on the republicans they better cough up more in taxes because we will keep feeding the beast. it is not about taming the beast but feeding the beast. >>guest: i need to say this, most of viewers watch this show now believe that all of us are involved in some kind of negotiation. that is not true. >>neil: there is nothing going on. >>guest: nothin